<p>State-owned lender Bank of India on Friday reported a 25.34 rise in its <a href="https://www.mid-day.com/business/business-news/article/kotak-mahindra-bank-q2fy27-net-profit-jumps-29-per-cent-to-rs-4212-crore-nim-contracts-23656738" target="_blank" rel="none noopener">standalone net profit</a> at Rs 3,202 crore for the second quarter ended September 30, 2026.</p>
<p>The bank had reported a net profit of Rs 2,555 crore in the corresponding quarter last year, Bank of India said in a statement.</p>
<p>The lender's operating profit jumped 33.19 per cent to Rs 5,089 crore during the second quarter of the current financial year compared to Rs 3,821 crore in the same quarter last year.</p>
<h2>Net Interest Income and Net Interest Margin improves</h2>
<p>The bank's Net Interest Income (NII) increased by 18.52 per cent to Rs 7,007 crore during the reporting quarter as against Rs 5,912 crore in Q2FY26. Net interest income is the difference between interest earned and interest paid, a key metric to understand a bank&rsquo;s financial stability.&nbsp;</p>
<p>Non-interest income surged 24.78 per cent to Rs 2,770 crore for Q2 FY27 against Rs 2,220 crore in Q2 FY26.</p>
<p>The domestic net interest margin (NIM), stood at 2.75 per cent compared to 2.66 per cent in the previous year. NIM is a key financial metric to understand a bank&rsquo;s profitability. The global NIM stood at 2.47 per cent during the reporting quarter as against 2.41 per cent in Q2FY26.</p>
<h2>Asset quality</h2>
<p>From an asset quality perspective, the <a href="https://www.mid-day.com/mumbai/mumbai-news/article/rbi-report-says-npas-of-indian-banks-fell-to-multi-decadal-low-of-2-1-per-cent-23609794" target="_blank" rel="none noopener">gross non-performing asset (GNPA)</a> ratio improved by 94 basis points year on year to 1.60 per cent from 2.54 per cent in September 2025. Net NPA ratio improved by 23 basis points to 0.42 per cent in September 2026 from 0.65 per cent in September 2025.</p>
<p>Gross NPA declined 24.24 per cent to Rs 13,648 crore during the quarter under review compared to Rs 18,014 crore in the previous year. Net NPA declined 21.47 per cent to Rs 3,557 crore during the reporting quarter from Rs 4,530 crore in the year ago period.</p>
<h2>Deposits and advances</h2>
<p>Domestic deposits increased by 23.29 per cent to Rs 9,00,129 crore during the second quarter of the current financial year from Rs 7,30,098 crore in the previous year, while global deposits rose 21.59 per cent at 10,37,530 crore.&nbsp;</p>
<p>Domestic Advances increased 17.84 per cent to Rs 7,03,911 crore during the reporting quarter from Rs 5,97,350 crore, while global advances rose 20.58 per cent to Rs 8,55,071 crore.</p>
<p>Domestic CASA (Current Account and Savings Account) jumped 7.17 jumped to Rs 3,07,031 crore in Q2FY27 and <a href="https://www.mid-day.com/business/business-news/article/hdfc-bank-q2fy27-net-profit-grows-47-per-cent-to-rs-1950996-crore-23655607" target="_blank" rel="none noopener">CASA ratio stood</a> at 34.16 per cent.</p>

Operating profit rose 33.19 per cent to Rs 5,089 crore during the September quarter compared to Rs 3,821 crore in the previous year

Bank of India Q2FY27 net profit increases 25.34 per cent to Rs 3,202 crore

FPIs withdraw Rs 48,056 crore from equities in October so far amid elevated crude oil prices

The lender's operating profit jumped 33.19 per cent to Rs 5,089 crore during the second quarter of the current financial year compared to Rs 3,821 crore in the same quarter last year

Bank of India Q2FY27 net profit rises 25.34 per cent to Rs 3,202 crore

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